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in the debate last night. you talk about health-care stocks. let's take a look. there was a lot of criticism by romney of the obama health-care program, so we saw hospital stocks like tenet and ata fall by 2%, humana up there, and looking at health insurers like billionpoint also responding on the upside so what were you telling your clients today what to do with the health care stocks? >> well, one of the things we've been tracking as the corelation between health-care stocks in general and the possibility of obama winning a re-election versus romney, the challenger coming in and wing. and what happens is there is a divergence. health care in general tends to do okay if people think romney is going to be re-elected and that is overall. but health care really breaks down to the service providers like the hospitals. which would actually severely benefit quite a bit if obama care continued on as planned. but if we had someone like romney come and take over and you know do what he says to get rid of obama care the folks who provide service are certainly going to be adversely affected. the folks
in the system now which is why healthcare is rising faster than any other cost. >> should this board be the one calling the tune and deciding all this? >> let's hear what that calls the shots. >> there are some differences. we didn't raise taxes. you've raised them by a trillion dollars under obamacare. we didn't put in place a board that can tell people ultimately what treatments they are going to 70. we don't need to have a board of 15 people telling wlaws kinds of treatments we should have. >> let me just point out first of all this board that we're talking about can't make decisions about what treatments are given. that's explicitly prohibited in the law. what this is, is a group of healthcare experts, doctors, et cetera, to figure out how can we reduce cost of care in the system overall. >> the problem is the board controls the money. and if the doctor chooses to go with a special treatment that the board has not envisioned, they cut off his money. >> don't insurance companies do that right now? >> i don't think so. >> of course. >> if they don't like the treatment, if they think it's too
tarrant more productive and is potentially making a healthcare system that's got some big challenges a little more efficient, one record at a time. ruben ramirez, "n.b.r.," new york. finally the unemployment rate remains stubbornly high and frustrating regardless of where you may be in your career it may be time to call yourself boss. here's tonight's commentator. >> for the young it's just a reflection of our sluggish economy. but for those over 50 it feels like they're being passed over because of their age. meanwhile it's precisely those older workers who have the most experience and expertise in the real world. if we're going to get our economy thriving again, we can't let that wisdom go to waste. those who are unemployed and over 50 should consider self-employment as a way to reenter the workforce. for its past 30 years we've been shifting from a w-2 economy to a 1099 economy. in other words, more and more companies are using contract workers and consultants to get things done. and that represents a huge opportunity for people with experience and expertise. and best of all, you
that is concentrated, most recently in education and healthcare. a little bit of positive news coming from construction. but in a lot of the business services and goods-producing industries and manufacturing, things look pretty soft at this moment. >> reporter: in addition, 2,000 temporary jobs were cut, which is often looked at as a barameter of future employment. but, the average work week rose to 34-and a half hours... and employers typically boost the workload of existing staff.. before taking on new workers. with all these cross-currents, the employment situation may be but the bottom line seems to be that the economy is improving, but not nearly as quickly as most people would like. >> we lost so many jobs during the great recession, that we are slowly clawing our way out of that hole.. but still at a pretty slow pace." >> reporter: the government's next jobs report will come out just 4 days before the presidential election. by then, many voters will have made up their minds. so, the impact of today's data may be more political.. than economic. erika miller, nbr, ny >> reporter: the employment r
Search Results 0 to 3 of about 4

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